Egypt

PETRONAS Egypt Appoints Hany Esmat Ibrahim as New CEO, Country Head

PETRONAS Egypt (PICLE) has announced the appointment of Hany Esmat Ibrahim as its new CEO and Country Head for its operations in Egypt succeeding Shahrizal B Shahari, who has led PETRONAS Egypt successfully for the past four years. The appointment is effective from January 1, 2024.

Enap Sipetrol Recognize Petroshahd Chairman for his Retirement

Enap Sipetrol Egypt General Manager, Denisse Abudinén, proudly recognized Petroshahd Chairman Eng. Badry Yamani for his exemplary leadership and significant contributions during his tenure at Petroshahd company

Wintershall Dea Unveils Joint Business Unit for MENA Region Led by Sameh Sabry

As of 1 February, activities in Algeria, Egypt, Libya and the United Arab Emirates will in future be led under a joint business unit for the MENA region.

ENAP Sipetrol Egypt to invest $70mln in 2024 drilling plans

ENAP Sipetrol Egypt will pump investments worth $70 million during 2024, the company Chief Executive and Managing Director Denisse Abudinén revealed in a meeting with Minister of Petroleum and Mineral Resources Tarek El-Molla

El-Molla Discusses Future Ventures with Enap Sipetrol in Egypt

in light of its recent acquisition of a new concession area

Egypt’s Coking Project Escapes High Cost: Minister

Egypt decision to build a coking and diesel production plant at the Suez Refinery more than two years ago allowed the country to escape a surge in the cost of such facilities worldwide

Egypt Gas records 46% profit increase in 2023

Egypt Gas reported a 46% year-on-year (YoY) decrease in net profits after tax in 2023 to EGP 162.119 million from EGP 301.967 million, the firm disclosed on January 28th.

Dragon Oil hosts a workshop on improving production and rediscovering the Gulf of Suez fields

Dragon Oil Company, which is fully funded by the Dubai Government, and in cooperation with the Egyptian General Petroleum Corporation, hosted a workshop in the Arab Republic of Egypt on January 23-24, titled “Improving Production and Rediscovering the Gulf of Suez Fields.”